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Bitcoin’s trajectory could reach new highs, with predictions placing its value between $130,000 and $150,000 by late August to early September 2025. This forecast by crypto expert Peter Brandt follows the recent April 20 halving, an event reducing mining rewards by half, historically catalyzing significant price surges. Brandt’s analysis draws from patterns observed in previous cycles, suggesting a consistent mid-cycle timing for halvings and subsequent peaks in market value.
Despite current fluctuations, with Bitcoin trading at $67,882 after a high of $73,679 in March, the market shows potential for considerable growth. Brandt notes a 25% probability that the peak may have already occurred but maintains optimism based on past bull markets. If Bitcoin fails to set new records and falls below $55,000, however, he anticipates a possible shift toward exponential decay, highlighting the volatile yet hopeful landscape of cryptocurrency investment.